Economy

B.C. budget lets high-income tax expire

British Columbia's finance minister tabled a balanced budget Tuesday as he boasted that his province may be the only one in Canada to avoid falling into deficit amid plunging oil prices.

By Staff, with files from The Canadian Press |February 18, 2015

4 min read

Alberta at risk of recession due to falling oil prices: CIBC

Falling oil prices and a now-weaker Canadian dollar have turned the tables on the outlook for provincial economies, finds a report from CIBC World Markets. “A dramatic drop in oil prices, juxtaposed against a still-healthy U.S. economy, has turned the tables on relative provincial growth, with Alberta at risk of a recession but central Canada’s […]

By Staff |February 17, 2015

2 min read

China’s new home prices fall 5.1%

January home prices in China fell at a record pace of 5.1% in 69 of the country's 70 cities, reports cnbc.com.

February 17, 2015

1 min read

Bond yields won’t rise much in 2015

Investors will continue to hunt for yield and alternative investment solutions.

By Sarah Cunningham-Scharf |February 17, 2015

2 min read